SG Investor Hub Blog

The SIMplest Way to Get Onboard 5G, Plus Enjoy Unmatched Data & Entertainment Experiences on Singapore’s Best Mobile Network

This post was written in collaboration with StarHub. While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same objective…

The post The SIMplest Way to Get Onboard 5G, Plus Enjoy Unmatched Data & Entertainment Experiences on Singapore’s Best Mobile Network appeared first on MoneySmart.sg.

Singtel share price needs StarHub merger

LIFETIME MEMBERSHIP When will Singtel share price ever see daylight? In my previous article, I shared that Singtel share price would blow up in pieces following the release of full-year financial result for FY2020. Indeed, Singtel share price turned bearish for the past three months, falling from $2.60 in April to a low of $2.25 in early July. To halt the slump in Singtel share price, the management announced a new strategic direction to capture growth on 27 May.

To be fair to the management, the current state of Singtel share price should not be attributed to the new Chairman nor the new CEO. They have inherited a company that had seen growth under severe pressure due to intense competition in its regional associates’ businesses. The pandemic has brought even more headwinds and disruptions for Singtel. Against this backdrop, the strategic reset announced on 27 May is an attempt to revive the long-term outlook for Singtel share price.

Singtel share price

In the strategic plan, Group CEO Yuen Kuan Moon outlined three new growth pivots – harnessing 5G, repositioning NCS for overseas ICT expansion and unlocking value of infrastructure assets. In my opinion, the strategic reset represents a major shift for Singtel’s growth …

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